- Lombard Odier Investment Management turned overweight US Treasuries for the first time in at least five years.
- Florian Ielpo, head of macro research, said LOIM's multi-asset mandates, including the LPP30 fund, earlier this month deployed some cash holdings into 10-year Treasury futures.
- The firm now holds a 2% overweight position in Treasuries, about half the size of its equity overweight.
Quotes
“LOIM’s multi-asset mandates, including the LPP30 fund, earlier this month deployed some of their cash holdings into 10-year Treasury futures.”